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Canada Invests in Toronto Processing Plant

12 April 2012, at 8:24am

CANADA - Producers in southern Ontario will benefit from upgrades to a local processing facility with the support of the Government of Canada.

Agriculture Minister Gerry Ritz has announced an investment of C$3 million to Quality Meat Packers Limited to upgrade its processing facilities.

"Our Government is creating the conditions for growth in the hog sector which will help hog producers and processors compete on the national and international scene," said Minister Ritz.

"Our plan is clear: this Government is making strategic investments to strengthen the competitiveness of Canada's livestock sector and opportunities for producers."

"This loan allows us to invest in the modernization of our Toronto plant that has been processing Ontario hogs for over 50 years," commented David Schwartz, president of Quality Meat Packers.

"We will enhance food safety and traceability, improve plant efficiency, and reduce operating costs through the purchase of value-added equipment."

Under Canada's Economic Action Plan, the $60-million Slaughter Improvement Program made federal repayable contributions available to support sound business plans aimed at reducing costs, increasing revenues, and improving the operations of meat packing and processing facilities in Canada.